TIDMMAC 
 
02 March 2022 
 
                             Marechale Capital Plc 
 
                        ("Marechale" or the "Company") 
 
                   Placing, Subscription and Issue of Equity 
 
Marechale Capital Plc (AIM: MAC), an established City of London based corporate 
finance house, with a long-term track record and a strong reputation for 
advising and financing high growth consumer brands, leisure, clean energy, 
mineral extraction and technology companies, is pleased to announce that the 
Company has raised gross proceeds of £207,500.01 through the issue of 6,916,667 
new ordinary shares ("New Ordinary Shares") at a placing price of 3p per New 
Ordinary Share (the "Placing Price") (the "Fundraise). The Placing Price 
represented a premium of 13.21 per cent. to the market value per ordinary share 
as at close of business on 1 March 2022. 
 
Marechale has had a number of successful realisations on investments and has a 
number of high growth investments on its balance sheet which could also have 
significant uplift across the mineral extraction, hospitality, renewables and 
technology sectors. The net proceeds of the Fundraise are intended to put the 
Company in a better position to take shares, founder shares or long-term 
warrants in lieu of or in addition to cash fees in connection with its activity 
for corporate clients. 
 
The investors in the Fundraise comprise a number of new investors and existing 
shareholders, including the Company's Chief Executive, Patrick Booth-Clibborn, 
and Luke Johnson, past Chairman of Channel 4 Television and Pizza Express with 
current directorships including Gail's Artisan Bakery who acquired a stake in 
the Company last September. Patrick Booth-Clibborn has subscribed for 583,333 
New Ordinary Shares in the Fundraise totalling £17,499.99. Following Admission, 
Patrick Booth-Clibborn will hold a total of 9,660,198 ordinary shares 
representing 10.13 per cent. of the Company's enlarged issued share capital 
with Luke Johnson holding a total of 8,883,333 ordinary shares representing 
9.26 per cent. of the Company's enlarged issued share capital. 
 
The New Ordinary Shares will rank pari passu with the existing ordinary shares. 
Application will be made for the New Ordinary Shares to be admitted to trading 
on AIM with admission expected to take place on, or around, 14 March 2022 
("Admission"). Completion of the Fundraise is conditional on Admission. 
 
Total Voting Rights 
 
Following Admission, the Company's enlarged share capital will comprise 
95,377,914 ordinary shares of 0.8 pence each. All of the ordinary shares carry 
voting rights and the Company holds no shares in treasury. This figure may be 
used by shareholders as the denominator for calculations by which they will 
determine if they are required to notify their interest in, or a change of 
their interest in, the Company under the Financial Conduct Authority's 
Disclosure Guidance and Transparency Rules. 
 
Related Party Transaction 
 
The participation in the Fundraise by Patrick Booth-Clibborn is a related party 
transaction pursuant to Rule 13 of the AIM Rules for Companies. With the 
exception of Patrick Booth-Clibborn, the directors consider, having consulted 
with the Company's Nominated Adviser Cairn Financial Advisers LLP, that the 
terms of the transaction are fair and reasonable insofar as shareholders are 
concerned. 
 
Patrick Booth-Clibborn, CEO of Marechale Capital, said: "We are seeing 
significant potential for growth within the hospitality and clean energy 
industries as well as the technology sector as the economy recovers from the 
current pandemic and this successful raise highlights the confidence our 
shareholders have in the Company making the most of these opportunities. This 
raise allows us to take advantage of our ability to invest in founder equity in 
our pipeline of new corporate finance projects as well as existing clients 
alongside warrants and advisory fees. We will continue to keep the market 
updated on further investments which provide our shareholders exposure to 
equity in companies and projects we advise on." 
 
                                   - ENDS - 
 
This announcement contains inside information for the purposes of Article 7 of 
EU Regulation 596/2014. 
 
For further information please contact: 
 
Marechale Capital plc                            Tel: +44 (0)20 7628 5582 
Mark Warde-Norbury / Patrick Booth-Clibborn 
 
Cairn Financial Advisers LLP (Nomad)             Tel: +44 (0)20 7213 0880 
Jo Turner / Sandy Jamieson 
 
BlytheRay (Financial PR)                         Tel: +44 (0)78 7574 4070 
Tim Blythe / Megan Ray / Alice McLaren           marechalecapital@blytheray.com 
 
About Marechale Capital 
 
Marechale is an established City of London based corporate finance house, with 
a long-term track record and a strong reputation in advising & financing high 
growth consumer brands, leisure, clean energy, and technology companies. The 
Company uses its balance sheet to co-invest in its client companies, along with 
warrants and founder equity, in order to create shareholder value. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

March 02, 2022 02:00 ET (07:00 GMT)

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